Hawaii Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
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How to fill out Certificate Of Designation, Preferences And Rights Of Series B Junior Cumulative Convertible Preference Stock Of Oryx Energy Company?
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Main definition A certificate of designation is signed by a corporate officer attesting to the board of directors' designation of the terms, rights, preferences, and limitations of a new series of preferred stock. Certificates of designation are usually associated with blank check preferred stock.
A certificate which contains a copy of the board resolution setting out the powers, designations, preferences or rights of a class or series of a class of stock of a corporation (typically a series of preferred stock) if they are not already contained in the certificate of incorporation of the corporation.